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nancy pelosi insisted on. why don't we roll back pull back to the level of real spending adjusted for inflation that we had when president bush took office. this is obama's deficit. it's not bush's deficit. 161 billion, we had all the tax cuts in place. thankfully, we have the prescription drug coverage. gerri: is that obama for another four years? what's going to happen next? >> we will either get a deal and there will be some tax increases, but real spending reductions or some of these only reductions that the president likes to cook up, is he going to and the war for the 11th time? gerri: he scored twice. my real question was, what would happen to the debt president got reelected? we have $5.6 trillion in the last administration, will we get another 5.6 trillion? >> i think we will get another five or $6 trillion. if we cut the deficit now about doing the things we need to do to undo the mess so the economy can grow, we will go into a recession. so once you cut the deficit, you lose it all right there. that is exactly what's going to happen. gerri: the economy really matters. n
@thekudlowreport. we'll read them later in the show. >>> guess what? nancy pelosi is staying. wow! in congress. as the minority leader of the house democrats. holy cow. surrounded by women democrats at the house, nancy pelosi told reporters today they were looking into the future. more women, more minorities in the incoming house. more than ever before with her decision. the democratic leadership is not going to change in the new house of representatives in january. and all i'll say is my condolences to her longtime deputy, steny hoyer. >>> anyway, stocks dropped sharply on president obama's press conference today. the dow closed down almost 700 points since the election itself. keith boykin notwithstanding. we'll look at the growing number of investor pessimists. this is not good. >>> later, markets also have their eye on a big escalation in mideast hostility. hamas declaring war on israel. this while we have no cia director. >>> and don't forget, free market capitalism is the best path to prosperity. i don't know why we have to raise $800 billion in revenues. makes no sense to me. cut spendi
involved visiting minority leader nancy pelosi. mr. morel will testify later this week as both the house and senate intelligence committees hold hearings on the benghazi attack. both the house and senate are gaveling in in about 12 minutes or so. the u.s. house coming in at 2:00. four items on their agenda this afternoon. they will gavel back out shortly thereafter. we expect them back at about 4:30 or so. a number of new members will be sworn in. we'll have live coverage. the senate meanwhile comes in this afternoon at 2:00 p.m. as well. they take up a bill dealing with hunting and fishing on federal lands. we'll have live coverage of the senate on c-span2. also coming up this afternoon, a number of house -- new house members, democratic members will be meeting with reporters and also nancy pelosi will be at that briefing, as will the head of the d triple c, chairman johns for the house races, steve israel of new york, news conference coming at 2:00 eastern. we'll likely have it for you here on c-span as the house is expected to gavel out quickly at 2:00. >> what i like about c-span's c
cliff issue. we have new comments from nancy pelosi on the fiscal cliff today. let's listen to that. >> would you accept a deal that does not include tax rate increases for the wealthy. we have seen a possible compromise that would leave rates the same but cap deductions for top earners? >> no. the president made it clear there are not enough -- what you described is a formula and a blueprint for hampering our future. >> what do you think? does this mean a deal will not get done? >> i think there is desire on both sides to get a deal done. that doesn't mean we will see one. both sides are taken the election to mean that the american people want action. the president has taken it to mean the american people endorsed his so-called balanced approach to balancing the budget. and we saw spirited koopg with the leaders coming out after the meetening a now they mr. get down to the details where to make cuts and revenue increases and can do you do it by just closing loopholes, is that enough or do you have to talk about tax rates in particular think tax rating for the wealthy. that's is whe
mississippi, also john mccormick for massachusetts -- >> are you saying that nancy pelosi and john boehner don't do that? [laughter] >> no, there were no cell phones or fax machines. we answered letters with typewriters. that is a lot of it. they don't really socialize. one reason that joe and i could work together is our new joe and i love him. i wouldn't do anything mean to him. so that is a lot of it. the times have changed so much. in the senate, one of the problems is they got away from regular order. that's also the washington term. what it means of the senate bill to a committee and you have a hearing. you have oversight hearings and the mark of the bill and you have an amendment and tivo. you go to the house and senate. you go to the conference and the senate bill to the president that needs to be signed. they don't do that anymore. even the transportation bill, which they did finally get done this year, it went through a procedure because the house never passed the bill. but they round out getting a transportation bill. it's a combination of things. modern technology and frankly it is
Search Results 0 to 5 of about 6 (some duplicates have been removed)